Niko scores three more offshore Trinidad tracts

Niko Resources Ltd. has signed three new production sharing contracts with the government of Trinidad and Tobago.

Offshore staff

CALGARY, Canada – Niko Resources Ltd. has signed three new production sharing contracts with the government of Trinidad and Tobago.

1. Block NCMA2 is 50 km (≈30 mi) offshore northern Trinidad in 150-170 m (492-558 ft) water depth and covers 251,870 a (1,019 sq km)

2. NCMA3 is 25 km (≈15 ½ mi) north-northwest offshore Trinidad in 100-150 m (328-492 ft) water depth and covers 520,439 a (2,106 sq km)

3. Block 4(b) is in the Columbus basin 100 km (62 mi) off the east coast of Trinidad in 200-700 m (656-2,297 ft) of water and covering 396,634 a (1,605 sq km).

04/21/2011

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